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Digital banks maintain growth momentum, with 61% of the top 100 reporting full year profitability

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Digital banks maintain growth momentum, with 61% of the top 100 reporting full year profitability
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Digital banks continue to experience rapid growth in users, assets and revenue, with Brazil’s Nubank, the retail arm of ING Group and China’s WeBank leading the sector. Profitability among digital banks has improved, with a shorter time to break even.

https://tabinsights.com/article/digital-banks-maintain-growth-momentum-with-61-of-the-top-100-reporting-full-year-profitability

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